Global Cold Chain News

FreshLinc is top for profit growth in East Midlands

Spalding, Lincolnshire, UK: Temperature-controlled transport and logistics firm FreshLinc group has grown profits faster than any other business in the East Midlands, according to a new report.

FreshLinc Group has taken the top position in the East Midlands Top 200 Report 2018, produced by the regional office of Grant Thornton in partnership with the CBI.
According to the report, profit at the Spalding business has risen more than 100 places from 117th position in last year’s report to this year coming out on top.
Profit at FreshLinc Group has grown at a faster rate than any other East Midlands business since 2014. However, the actual profit figure is not disclosed.

Operations director for FreshLinc group, Lee Juniper, said: “Since 2013, we have made a significant change to management and focus, to enable us to provide highly efficient solutions to multiple customers.
“The culture, self-belief and determination of our team has allowed us to grow and become well respected in our sector, and the introduction of advanced technologies across our entire business has definitely contributed to Freshlinc’s growth, alongside our service, flexibility and willingness to challenge existing methods of working.

“Investment in technology will always be at the forefront of maximising our future growth, along with the right people joining our business as it expands.”
FreshLinc Group specialises in total supply chain management of temperature controlled fresh, chilled and horticultural products across the UK and Europe.
It has five operating divisions including the traditional haulage business DirectLinc, and supply chain resourcing company Top Up Resources.

Mark Pashley, director, Grant Thornton’s East Midlands regional office, said: “FreshLinc’s growth in profits is clearly significant, and based on our analysis, has taken it from 117 place in 2017 to rise to the top and take the number one position on this year’s Report – an impressive performance.”

The East Midlands Top 200 Report analyses the financial performance of the 200 businesses in Derbyshire, Leicestershire, Lincolnshire and Nottinghamshire that have delivered the greatest, sustained profit growth between 2014 and 2017.